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Dec 28, 2012
12/12
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WBFF
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a strike could stoo all container traffic aa the port. (7708) the port of baltimore is ne of maryland's largess eceonice gernerators so any type of ork action hat may stoppage of work would have an effect.morr ttan 100 organizations have urged ppesident obama to order an 88 ddy cooling off period but right now there is no administration will move in thattdirection.losing the ports to a shutdown.. even ffr a few ays.. could cost the economy billions of dollars. 3 a high-stakes meeting will be held in washington today.... betweenn resident obama ad &ptop coonressional leaders. leaders.they've got just 4 days left to reach an aageement... before the u-s economy goes over the poocclled "fiscal cliff." that's when automatic taxx increases and spending cuts would take effect. democrats wann to extend the bush-era tax cuts to everyone except ttose americans making 250- thousand dollars or more a year. but many republicans remain gginst any tax increases. if lawmakers don't peach a deal by january 1st... it could eventually lead to another recession. with all eyes on thh fiscal cliff... there's
a strike could stoo all container traffic aa the port. (7708) the port of baltimore is ne of maryland's largess eceonice gernerators so any type of ork action hat may stoppage of work would have an effect.morr ttan 100 organizations have urged ppesident obama to order an 88 ddy cooling off period but right now there is no administration will move in thattdirection.losing the ports to a shutdown.. even ffr a few ays.. could cost the economy billions of dollars. 3 a high-stakes meeting will be...
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Dec 22, 2012
12/12
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FBC
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the fact that ports were becoming more automated and less union workers were needed of the so they paid the this royalty to help ease them into the transition, that you just needed fewer workers because that is how society works. things get more automated. we're more productive. it is good. our economy gets bigger. here we are 40, 50 years, later this royalty started out has ballooned to a big payout for these unions. and they have made no progress in the sense that, you know this is all put in place to address the fact that machines were there and we don't need the workers. neil: then the issue ppls, professor, right, that for the nt of helping these unions you don't mind sticking it to consumers and the rest of the country who will end up having to pay more for goods that they're entitled to find and get at stores. that ey now they won't be able to find and get at stores? >> let's free name a little bit. the port is being intransigent not giving them a living decent wage. so and in terms of this cutback, it actually affect their health care. we're talking about an industry where the w
the fact that ports were becoming more automated and less union workers were needed of the so they paid the this royalty to help ease them into the transition, that you just needed fewer workers because that is how society works. things get more automated. we're more productive. it is good. our economy gets bigger. here we are 40, 50 years, later this royalty started out has ballooned to a big payout for these unions. and they have made no progress in the sense that, you know this is all put in...
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Dec 22, 2012
12/12
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FBC
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seems like the market could take care of this particular problem at the ports if we would let it work rather than having a union in the middle artificially gumming up the works. neil: we can go back and forth on the need for this but i guess i'm talking about here post the election, you can't argue, melissa, you feel unions did carry the president over the finish line. >> of course. neil: they got out of the vote. whatever people saying they are losing their influence they didn't lose their influence to get people going to the polls. they have a president indebted to them. democratic majority in the senate hasn't forgotten them. they have sympathizers, powerful ones. >> i don't know about that. all of that relied upon money. they needed money to donate to the campaigns as they stay in charre. if you see more states dues are not all click -- automatically deducted from the paychecks and people have the choice to join the union. i don't know houfl influence they maintain over time as we see more states become right to work. neil: professor, do you wonder the pr nature? some of the peopl
seems like the market could take care of this particular problem at the ports if we would let it work rather than having a union in the middle artificially gumming up the works. neil: we can go back and forth on the need for this but i guess i'm talking about here post the election, you can't argue, melissa, you feel unions did carry the president over the finish line. >> of course. neil: they got out of the vote. whatever people saying they are losing their influence they didn't lose...
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Dec 28, 2012
12/12
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KQED
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other businesses who rely on the ports to move the nation's commerce. >> reporter: the sticking point in negotiations: a decades old law, called the container royalty fund. it was established in the 1960s to help dockworkers displaced by technology, the port alliance says these days those royalties serve as a bonus to workers, not a safety net. but the union disagrees saying the payments still help compensate workers for lost job opportunities. florida is home to almost a third of the ports that would be affected by the potential strike, governor rick scott says he's still thinks a deal will be reached, but if it doesn't he's counting on washington to step in. allison worrell, "n.b.r.," fort lauderdale, florida. >> susie: volatility was the word of the day here on wall street. investors were fixated on the war of words in washington over the fiscal cliff, and shrugged off some encouraging news today about jobs. fewer americans filed for jobless benefits last week: new claims fell 12,000 to 350,000. but the labor department says the christmas holiday may have distorted the numbers, as
other businesses who rely on the ports to move the nation's commerce. >> reporter: the sticking point in negotiations: a decades old law, called the container royalty fund. it was established in the 1960s to help dockworkers displaced by technology, the port alliance says these days those royalties serve as a bonus to workers, not a safety net. but the union disagrees saying the payments still help compensate workers for lost job opportunities. florida is home to almost a third of the...
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Dec 28, 2012
12/12
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WMAR
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we have the port of bolt -- it can. we have the port of baltimore here. if the longshoremen go on strike, we are talking about thousands. the cargo that comes in containers will not make it off the containers and into the storesch the economic impact would be huge -- stores. the economy imimpact would be -- impact would be huge. if a deal can't be reached thousands of dock workers will be walk off the job sunday morning. and at issue are the large containers and the payments longshoremen get for them. shipping companies usually pay royalties for the containers weight but they want to get rid of them something longshoremen are not willing to give up. economy impact would go well beyond the ports. >> the impact would be great on the dollar value side and on the cargo handling side but on the job side because these ports are major economic generators. >> reporter: and it's not just the port of baltimore we are talking about here. ports all a-- all along the east coast and gulf coast. up to 15,000 longshoremen could be going on strike. effective sunday mornin
we have the port of bolt -- it can. we have the port of baltimore here. if the longshoremen go on strike, we are talking about thousands. the cargo that comes in containers will not make it off the containers and into the storesch the economic impact would be huge -- stores. the economy imimpact would be -- impact would be huge. if a deal can't be reached thousands of dock workers will be walk off the job sunday morning. and at issue are the large containers and the payments longshoremen get...
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Dec 11, 2012
12/12
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the announcement comes as the port released an internal audit. the audit says some of the port's credit cardholders squirted spending limits on single transactions. it also says more than $67,000 in extravagant gifts may violent state and federal laws and that some expenses expose the port to tax liabilities. >> it's something that we take seriously and are not gonna close our eyes to. we're gonna look at it and make sure mistakes of the past are not repeated. >> quan is the second executive to step down. omar benjamin refired last month -- retired last month. the two wracked up $5,000 of charges at a strip club. the money has been repaid. >>> there is a critical meeting taking place in a couple of hours in the crabbing situation. brian flores has more. >> reporter: good afternoon. the question of whether kresh crab was gonna be served in time for christmastime appears to have been answered. it appears there's been an agreement between crab fisherman and brokers. now what, was at stake was the price per bound. fish brokers wanted to drop the pric
the announcement comes as the port released an internal audit. the audit says some of the port's credit cardholders squirted spending limits on single transactions. it also says more than $67,000 in extravagant gifts may violent state and federal laws and that some expenses expose the port to tax liabilities. >> it's something that we take seriously and are not gonna close our eyes to. we're gonna look at it and make sure mistakes of the past are not repeated. >> quan is the second...
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67
Dec 28, 2012
12/12
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WBAL
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tonight at 5:00, a late breaking details on the longshoremen's strike that could paralyze the ports in baltimore and dundalk. new state law work to protect your lot from identity theft. what you need to know to make it work for you. and a brutal beating have some screaming hate crime. details on the controversial assault and police investigation. now your maryland lottery pick 3 and pick 4 numbers. >> the maryland lottery celebrates purple season all weekend long. >> let's play. your pick 3 numbers. 7. in the middle, five. final member for pick 3. 3. pick 3 numbers are 7, 5, 3. we would get to the pick 4 in a moment. moving right along to the pick 4 game, marsha harris. 9. the next number is 9. fallen by 4. our final no. 4 pick for is 1. recapping pick 4 -- 9, 9, 4, 1. the maryland lottery. let yourself play. >> playing with the snowflakes tomorrow. >> yes, we are expecting some snow across the area, but how much is the big question. >> thanks so much for joining us. be sure to watch tonight at 5:00. >> have a great evening.
tonight at 5:00, a late breaking details on the longshoremen's strike that could paralyze the ports in baltimore and dundalk. new state law work to protect your lot from identity theft. what you need to know to make it work for you. and a brutal beating have some screaming hate crime. details on the controversial assault and police investigation. now your maryland lottery pick 3 and pick 4 numbers. >> the maryland lottery celebrates purple season all weekend long. >> let's play....
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Dec 28, 2012
12/12
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WBAL
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port administration, 108,000 jobs are linked to the activities at the port. all of it is in jeopardy if a labor agreement between the u.s. maritime alliance and international longshoremen cannot be reached by midnight sunday. >> a total work stoppage means a minimum of a million dollars a day. >> that would be the impact from maryland according to former congresswoman helen bentley. ec -- she says negotiations and not the one well and could lead to a complete shutdown of all the ports from maine to texas. baltimore is the nation that a number one port for handling farm and construction machinery, automobiles and light -- light trucks. also for export coal, imported salt and aluminum. many of the material that keeps commerce chugging along. >> there is talk the strike could only be partial and would only affect cargo containers because royalties for workers on that cargo is a big sticking point. it could avoid a stoppage in automobile shipments and cruise ship operations. >> if containers remained to be the focal point, we feel that would be a bit of an advant
port administration, 108,000 jobs are linked to the activities at the port. all of it is in jeopardy if a labor agreement between the u.s. maritime alliance and international longshoremen cannot be reached by midnight sunday. >> a total work stoppage means a minimum of a million dollars a day. >> that would be the impact from maryland according to former congresswoman helen bentley. ec -- she says negotiations and not the one well and could lead to a complete shutdown of all the...
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part of it is the way the port authority port authority runs itself. another point debacle makes in another report about the price that police officers are paid. they earn more than new york city police officers. %-city police officers that are the highest-paid in the region. they are just kind of squandering the money because they are unelectable and sort of off the books. gerri: we just have no control over any of this, and that is what is so frustrating. the cool, i wanted to ask you about the track record. it's not pretty. there is a lot of money wasted. what does that say about the money from superstorm sandy and how will be used? the governors have asked for more money than ever in dealing with the aftermath of the storm or method is the same thing all over again. what governor cuomo is doing is focusing on a big number. $42 billion that he wanted from washington. he really has no idea what the damages and how much it will cost to fix the system -- the signal system in the subways. they really won't know anyone have any idea any idea how much it
part of it is the way the port authority port authority runs itself. another point debacle makes in another report about the price that police officers are paid. they earn more than new york city police officers. %-city police officers that are the highest-paid in the region. they are just kind of squandering the money because they are unelectable and sort of off the books. gerri: we just have no control over any of this, and that is what is so frustrating. the cool, i wanted to ask you about...
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Dec 3, 2012
12/12
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KPIX
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right now ships are being diverted to the port of oakland. the southern california ports are the busiest in the state taking in about $1 billion worth of goods a day. >>> time now is 4571. first video of the year now another honor for gangnam style. can't see that enough. >> plus politics and the performing arts at kennedy center honors. who was recognized last night. we'll tell you. >> hugh hefner will soon be off the market. when he plans to get married. ,, ,,,,,,,,,,,, >>> still quite a few clouds outside but no rain. we'll stay dry but there's a storm off the coast. when will that hit? we'll talk about that coming up. >> so far, so good on your bay area bridges this morning. no metering lights at the bay bridge and an easy ride on the golden gate bridge and san mateo bridge. traffic and weather together every 10 minutes. ♪ [ music ] >> gangnam style! ♪ [ music ] [ laughter ] >> you should see my co-anchor. >> his legend keeps growing. south korean rap star psy won big at the k-pop awards. his hit gangnam style won song of the year mom
right now ships are being diverted to the port of oakland. the southern california ports are the busiest in the state taking in about $1 billion worth of goods a day. >>> time now is 4571. first video of the year now another honor for gangnam style. can't see that enough. >> plus politics and the performing arts at kennedy center honors. who was recognized last night. we'll tell you. >> hugh hefner will soon be off the market. when he plans to get married. ,, ,,,,,,,,,,,,...
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Dec 27, 2012
12/12
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FBC
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the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling in new jersey to a screeching halt and how the garden state is preparing to fight back. that is coming up next. at the end of the day it is always about money. excuse me, sir i'm gonna have to ask you to wer down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click ay with our free mob
the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling...
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Dec 1, 2012
12/12
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KPIX
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whose jobs are tied to the activity going through this port. >> reporter: the ports are clogged with 16 ships waiting to be unloaded. another six are anchored off the coast. >> if the ships are not working, the truckers are not working, the warehouse people are not working. it will ripple through the supply chain. >> reporter: it doesn't take much of a delay to cause problems for people. >> no. a very short delay will -- can mean that stores may not get a shipment the day that they expect it for their sale. >> reporter: the striking workers handle all the paperwork that gets cargo from the port to the rest of the country. they earn an average of $85,000 a year, but say their jobs-- most of which are done on a computer-- are being sent to other countries. trinie thompson is on the negotiating team for the unions. >> in the last five years we've lost 51 jobs and during negotiations they would like to lose another 71. so that's a large impact on us. >> reporter: shipping companies deny any outsourcing, they want to drop contract provision which would require hiring temporary workers eve
whose jobs are tied to the activity going through this port. >> reporter: the ports are clogged with 16 ships waiting to be unloaded. another six are anchored off the coast. >> if the ships are not working, the truckers are not working, the warehouse people are not working. it will ripple through the supply chain. >> reporter: it doesn't take much of a delay to cause problems for people. >> no. a very short delay will -- can mean that stores may not get a shipment the...
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right track also corporate america has messed with the wrong people facing salary cuts port workers in the east coast are threatening to strike to get him to impact the economy to the tune of hundreds of millions of dollars right about why this strike in particular is so important and how if it's successful it could bring about a future of leisure society for working americans plus it's been less than two years but a new government in japan is already forgotten all the lessons learned from the fukushima nuclear crisis as millions of tons of radioactive debris drifts at this moment for the united states is west coast i know what the japanese government is now doing if you put the entire world in danger and later in the show we'll have your take my take a live segment your chance to call in and ask a question share your thoughts live on the air. you need to know this president obama is back in washington d.c. senators back in washington d.c. the speaker john boehner and the rest of the republicans in the house are still on vacation here is democratic senate majority leader harry reid
right track also corporate america has messed with the wrong people facing salary cuts port workers in the east coast are threatening to strike to get him to impact the economy to the tune of hundreds of millions of dollars right about why this strike in particular is so important and how if it's successful it could bring about a future of leisure society for working americans plus it's been less than two years but a new government in japan is already forgotten all the lessons learned from the...
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Dec 19, 2012
12/12
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CNBC
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>> that is for the union and the port managers to discuss. we just want them to remain at the table. >> is it wages, health benefits? is it the usual stuff? >> everything is on the table as well as issues from what management wants as far as how to make the port more efficient. in order for both sides to reach an agreement they need to stay at the table. >> what role if any will your retail federation take? >> we have been working to education congress and others within the industries to get engaged. one only needs to look back to 2002 to see what kind of damage the disruption has on the economy. we went through a strike that we are recovering from and folks are trying to figure out what the impact was. >> how bad was 2002. it was fairly significant. the 2002 ten day lock out cost the u.s. economy $1 billion a day and took over six months to recover from. you are talking about the whole east coast. >> this is broader. it could be the global economy as well. >> all right we will leave it there. that is it for tonight's show. i will say this, u
>> that is for the union and the port managers to discuss. we just want them to remain at the table. >> is it wages, health benefits? is it the usual stuff? >> everything is on the table as well as issues from what management wants as far as how to make the port more efficient. in order for both sides to reach an agreement they need to stay at the table. >> what role if any will your retail federation take? >> we have been working to education congress and others...
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Dec 26, 2012
12/12
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FBC
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the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling in new jersey to a screeching halt and how the garden state is preparing to fight back. that is coming up next. at the end of the day it is always about money. ♪ . adam: talk about throwing a curveball at sports betting? a federal judge has ruled major sports leagues and the ncaa can sue new jersey to block its legalization of sports betting. now they claim letting people bet on sports in new jersey will cause serious damage to their respective sports. but my next guest couldn't disagree more. with me is the meadowlands racetrack. welcome to you, sir. just to give people background on this, four year
the impact of the ports shutting down again is not just localized to port but nationwide on everybody else who relies on the ports to move the nation's commerce. adam: jonathan gold, supply chain and customs policy for the national retail federation. thanks for being with us on this wednesday evening. >> thanks very much. adam: a high-stakes lawsuit by the nfl, the nba and other major sports leagues get a key green light from a federal judge. how it could bring legalized sports gambling...
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Dec 4, 2012
12/12
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FOXNEWSW
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we talked with the port of long beach and the port of los angeles and they are on the outside looking in and are frustrated. this is really starting to affect everyone in the country not just the local communities. >> it is not only cargo coming into the port but cargo that is coming from the land side, our exports that are important to our economy. so in a lot of cases of food products and so on, some of those products are spoiling in the containers. >> some of the containers looking down are sitting offshore and the mayor of los angeles got involved this morning and he now says a federal mediator is coming in, and he doesn't have a magic wand but he hopes this helps as both sides are on opposite sides of the spectrum. take a listen. >> there is a lot at stake here. i don't have a magic wand. i can't just dictate to labor or to management what their bottom lines are. that is the way it works. these things take time. what i have said, time is running out. >>reporter: we are told both sides are meeting. this is costing $1 billion a day. there is one major point they are not agreeing on
we talked with the port of long beach and the port of los angeles and they are on the outside looking in and are frustrated. this is really starting to affect everyone in the country not just the local communities. >> it is not only cargo coming into the port but cargo that is coming from the land side, our exports that are important to our economy. so in a lot of cases of food products and so on, some of those products are spoiling in the containers. >> some of the containers...
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the largest destination airport and the largest port complex in the united states. moved 45% of the all the seaborne goods. i called them from brazil and chile and colombia said you have to do this around the clock. i came back early and made sure they did. i said look, we'll be here till we drop but we'll have to settle this thing. i got there about 11:30 on monday night. by 10:00 in the morning i said look, you guys are two far apart. we need to bring in a federal mediator. they both agreed to do that. they got to serious negotiations. liz: good. >> we actually ssttled this thing before the mediator got there 8:30 last night. david: it is settled but you still have a lot of stuff on those boats, on those container ships. it has to be brought in. >> yes, we do. david: last time it happened 10 years ago, it cost a billion dollars a day. that lockout for strike was during the fall. in is from the chris most season. can you get stuff from the ships onto the shelves in time for christmas shopping? >> no question about it. we'll work as hard as we can around the clock t
the largest destination airport and the largest port complex in the united states. moved 45% of the all the seaborne goods. i called them from brazil and chile and colombia said you have to do this around the clock. i came back early and made sure they did. i said look, we'll be here till we drop but we'll have to settle this thing. i got there about 11:30 on monday night. by 10:00 in the morning i said look, you guys are two far apart. we need to bring in a federal mediator. they both agreed...
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Dec 28, 2012
12/12
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KPIX
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goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and houston. the ports handle nearly 50% of all oceangoing container shipments to the united states. some estimate a shutdown could cost a billion dollars a day in delayed shipments and lost work along the supply chain. independent truck driver jose espinoza hauls shipments in and out of houston's port. >> next week, it means i'm going to be out of business. that's because if i don't work, i don't get paid. bottom line is, everybody is worried about it. and if the strike happens, we're going to be in trouble, financially speaking. >> re
goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and...
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Dec 28, 2012
12/12
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FBC
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for all industries who rely on the ports, in and out of u.s. tom: what is the fight? what is the problem? >> well i think there are a number of issues that need to be discussed between the unions. we're not taking issues on any -- positions on any of the issues, everything from container royalties, to jurisdiction issues, and from management side issues with regard to work rules and efficiency, we need all rules need to be on the table and discussionsed but only the parties themselves can do what needs to be done. tom: the longshoremen seem to have a much stronger union than most. unions have seen the better days in the past, but the longshoremen, one report is they make about $125,000 on average, they have all their medical paid for. they are not normal in most labor contracts today. why are they so powerful? is it because of what can happen here as you have whole east coast, all the way around florida into houston? >> i think that is part of it, but unions have worked over the years with management on the contract, what is has been discussed and packages are between
for all industries who rely on the ports, in and out of u.s. tom: what is the fight? what is the problem? >> well i think there are a number of issues that need to be discussed between the unions. we're not taking issues on any -- positions on any of the issues, everything from container royalties, to jurisdiction issues, and from management side issues with regard to work rules and efficiency, we need all rules need to be on the table and discussionsed but only the parties themselves can...
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Dec 28, 2012
12/12
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KTVU
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in today's cover story, from the port to the picket lines. an east coast port strike threatens to rattle the economy. after years of cutting out credit card use, why shoppers are getting back into the swipe of things. plus, could a tumble off the fiscal cliff hurt the markets? one trader says don't fall for the hype. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, december 28th. i'm angela miles. in today's first look: watch your neck. the market is a head-turner. yesterday the dow dropped more than 100 points on word out of washington a resolution to the fiscal cliff was unlikely. but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry
in today's cover story, from the port to the picket lines. an east coast port strike threatens to rattle the economy. after years of cutting out credit card use, why shoppers are getting back into the swipe of things. plus, could a tumble off the fiscal cliff hurt the markets? one trader says don't fall for the hype. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, december 28th. i'm angela miles. in...
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Dec 5, 2012
12/12
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FOXNEWSW
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of the port, to the nation. we are delighted the terminals will be operating again. >>reporter: everyone is back to work here. they ramped it up first thing this morning. >>trace: we talked of the $1 billion a day. do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i. >> this cost the country about $8 billion, somewhere in the neighborhood $8 billion and 10,000 people were out of work but we shot a deal. people are going back to work. that is the good news. >>reporter: the big stores in the larger locations could get stuff late you forget there are a lot of smaller people, the guys
of the port, to the nation. we are delighted the terminals will be operating again. >>reporter: everyone is back to work here. they ramped it up first thing this morning. >>trace: we talked of the $1 billion a day. do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have...
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the port strike. you helped broker this deal. workers are back on the job. is this looking like it will be permanent and more importantly for the rest of the country are they going to get their things this holiday season? >> this was something i was working on for 2 1/2 years. we actually avoided a strike on a number of occasions. they finally couldn't come together. they went on strike. i asked the parties to mediate and bring in a federal mediator. i've been asking for that for sometime. i decided to cut my trip short. a trip that i had in latin america promoting the port and the airport and trade with latin america and said to them that they needed to work around the clock to get this done. when i got there, i said, look, he'll stay here all night and into the next night and after that because we can't afford a billion dollar a day loss to the u.s. economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock
the port strike. you helped broker this deal. workers are back on the job. is this looking like it will be permanent and more importantly for the rest of the country are they going to get their things this holiday season? >> this was something i was working on for 2 1/2 years. we actually avoided a strike on a number of occasions. they finally couldn't come together. they went on strike. i asked the parties to mediate and bring in a federal mediator. i've been asking for that for...
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corporate america's profits which you know you just can't have shippers of the port of promise in the clerical workers are going to keep their jobs they're not going to outsource them isn't this a great model for americans to say you know we want to keep our jobs here what evidence do you have that they were going to ship them overseas that was not the case that all they. there was no evidence to support the idea they were going to ship them overseas they were simply afraid that their jobs might be outsourced overseas it was completely unfounded fear there was no evidence to support that and as a result then they were forced because i mean because i was reading about it earlier today that actually is a multiple article where you're saying that people who put their jobs on the line did so because they had a paranoid fantasy didn't put their jobs on the line they did when their jobs are going to arco you absolutely are putting your job on particular if not you know when you're caught in a strike and people are refusing to cross the picket lines and all that good president reagan honestl
corporate america's profits which you know you just can't have shippers of the port of promise in the clerical workers are going to keep their jobs they're not going to outsource them isn't this a great model for americans to say you know we want to keep our jobs here what evidence do you have that they were going to ship them overseas that was not the case that all they. there was no evidence to support the idea they were going to ship them overseas they were simply afraid that their jobs...
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Dec 10, 2012
12/12
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KPIX
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the contract goes to the board of port commissioners for approval. >>> the man accused of kidnapping and killing sierra lamar will be arraigned on new charge said tomorrow. garcia-torres has been accused of three other attempted kidnappings. the incidents took place in 2009 all in safeway parking lots. >>> cal students are calling to a ban to the salvation army from campus after allegations of being insensitive to lesbians and transgenders surfaced online. university officials are considering a campus wide ban. the salvation army denies any kind of bias. >>> sad news out of the entertainment world. popular mexican american singer jenny rivera is believed dead after a jet carrying her and others crashed near mexico. rivera appeared in concert last night. she was born and raised in long beach. she was named billboard's mexican music artist of the year. >>> a vallejo radio station is off the air again. it's not the first time the station has been trashed by vandals. the station's owner has his suspicions about the reason. >> it's ugly and discouraging and maybe even a hate crime. for th
the contract goes to the board of port commissioners for approval. >>> the man accused of kidnapping and killing sierra lamar will be arraigned on new charge said tomorrow. garcia-torres has been accused of three other attempted kidnappings. the incidents took place in 2009 all in safeway parking lots. >>> cal students are calling to a ban to the salvation army from campus after allegations of being insensitive to lesbians and transgenders surfaced online. university officials...
WHUT (Howard University Television)
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Dec 18, 2012
12/12
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WHUT
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the port arthur massacre. the person who carried out the mass killing was martin bryant, ironically from a place called new town. just 12 days after the grisly attack in the public outcry it launched, australia's government responded by announcing a bipartisan bill to enact gun- control measures including agreements the state and local governments. since the laws were passed, for more than 15 years, there's not been a mass shooting in australia. after the break, we will be joined by the woman who led the campaign to reform australia's gun laws after the port arthur massacre. we will be back with her in a moment. ♪ [music break] >> "tears in heaven" son by eric clapton, some for his own child who died at 4 years old. in the wake of the new town killings that killed 20 children on friday and six staff at the school as well as the mother of the shooter, we go to another new town, new town, australia, home of in a strutting man who killed 35 people in 1996, just 12 days after what became known as the port arthur
the port arthur massacre. the person who carried out the mass killing was martin bryant, ironically from a place called new town. just 12 days after the grisly attack in the public outcry it launched, australia's government responded by announcing a bipartisan bill to enact gun- control measures including agreements the state and local governments. since the laws were passed, for more than 15 years, there's not been a mass shooting in australia. after the break, we will be joined by the woman...
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Dec 4, 2012
12/12
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KPIX
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the ports of los angeles and long beach shut down after a few dozen clerical workers walked off the job and dock workers refused to cross their picket line. bill whitaker has the latest. >> reporter: 11 huge cargo ships are stuck offshore, piled high with containers of food, toys, lumber. 14 others sit untouched at the docks. >> if you guys could start handing the fliers out. >> reporter: transporters, wholesalers and retailers are growing angst. ingrid lazcano, owner of andean dream, imports quinoa, popular right now in the u.s. her last shipment was diverted to mexico, another was diverted to chile. >> we have about $400,000 worth of merchandise at stake and our factory workers in bolivia can't make new merchandise until we figure out how we're going to handle the problem with getting these two containers in. >> reporter: fred johring owns golden state express trucking. his lot, usually empty, is filled with 20 parked trucks. each usually earns $500 to $600 a day at the ports. everyday you're losing how much? >> at least $4,000. >> reporter: a day? >> per day. >> reporter: scott, nego
the ports of los angeles and long beach shut down after a few dozen clerical workers walked off the job and dock workers refused to cross their picket line. bill whitaker has the latest. >> reporter: 11 huge cargo ships are stuck offshore, piled high with containers of food, toys, lumber. 14 others sit untouched at the docks. >> if you guys could start handing the fliers out. >> reporter: transporters, wholesalers and retailers are growing angst. ingrid lazcano, owner of...
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Dec 5, 2012
12/12
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CNBC
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you have the customers of the ports and the city saying fix this. when it comes to the president in this economy. we are 8 days in and he hasn't started the process of reconvening the board. >> the board is already so pro union as is the president fresh off his re-election even though this is not going to be a california emergency, this could be a national emergency for closing down those huge ports. that is it for tonight's show. thank you for watching. we will see you tomorrow night we need premarket capitalism. not a union hold up. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... when you take a closer
you have the customers of the ports and the city saying fix this. when it comes to the president in this economy. we are 8 days in and he hasn't started the process of reconvening the board. >> the board is already so pro union as is the president fresh off his re-election even though this is not going to be a california emergency, this could be a national emergency for closing down those huge ports. that is it for tonight's show. thank you for watching. we will see you tomorrow night we...
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Dec 27, 2012
12/12
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FBC
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reliant on the ports as well. quickly, about a half minute. people are asking oba to step? in. can he do anything. his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's internaonal trade may be at risk. thank you very much. >>> a live look now at cleveland, holiday travel nightmare getting worse by the minute. we'll have an update and snap, share, sue, instagram dropping their new policy after user like kim kardashian raised a stink. why is another user in california suing? a hyhyhyhyhy the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! you want the puppy? yes! do you want a tricycle? yes! do yo
reliant on the ports as well. quickly, about a half minute. people are asking oba to step? in. can he do anything. his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's internaonal trade may be at risk. thank you...
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Dec 21, 2012
12/12
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KTVU
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the strike would cripple 15 different ports. the union did not answer our calls, but the national retail federation says the walkout would cause a national economic emergency, and urges president obama to use "all means necessary" to prevent a strike. "we thnk the ripple effect would be fairly significant. all the industries that rely on parts, both importers and exporters, manufacturers, farmers, truckers, rail, you name it, all rely on the ports to move the nation's and global commerce." that was jonathan gold, vp of the national retail federation. the current contract expires at midnight on december 29th. lawmakers remain divided today over a deal to avert going over the fiscal cliff. last night, the house passed legislation known as plan b, which raises taxes on americans earning $1 million. senate democrats threatened to squash the bill, and the president has promised a veto. "senate democrats and the white house will have to act on this measure. two years ago, 53 democrats voted for a bill like this one. now they say they
the strike would cripple 15 different ports. the union did not answer our calls, but the national retail federation says the walkout would cause a national economic emergency, and urges president obama to use "all means necessary" to prevent a strike. "we thnk the ripple effect would be fairly significant. all the industries that rely on parts, both importers and exporters, manufacturers, farmers, truckers, rail, you name it, all rely on the ports to move the nation's and global...
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Dec 26, 2012
12/12
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FOXNEWSW
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reliant on the ports as well. quickly, about a half minute. people are asking obama to step? in. can he do anything. >> his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's international trade may be at risk. thank you very much. >>> a live look now at cleveland, holiday travel nightmare getting worse by the minute. we'll have an update and snap, share, sue, instagram dropping their new policy after user like kim kardashian raised a stink. why is another user in california suing? just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also best
reliant on the ports as well. quickly, about a half minute. people are asking obama to step? in. can he do anything. >> his national labor relation board has intervened in a lot of cases so yes. the white house could intervene. they're the ones who elected the president. this is an ongoing story and a dangerous situation and we don't know what the outcome will be but it's a damn shame to come right now. >> some of the estimates are 65% of america's international trade may be at...
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Dec 3, 2012
12/12
by
KTVU
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at the nation's busiest port. clerical workers at the ports of los angeles and long beach set up picket lines last tuesday. they have been trying to negotiate a new contract for 2.5 years. they are also claiming their jobs are being outsourced out of the state and across the pacific ocean. now officials at the port deny that charge. the list of the dock workers are not crossing the picket lines and say the strike is costing the port as much as $1 billion every day. >>> major development on treasure island is moving forward. they now have until the end of the month to choose a new home to make way for the development. $1.5billion project includes up to 8,000 new homes along with new commercial and office space. there have been obstacles including financing and concerns over toxic waste on the island. developers hope to break ground by 2014. >>> heavy rain caused major flooding at a mobile home park. that happened early yesterday morning at newels mobile city. a creek that surrounds the mobile home park overflowed c
at the nation's busiest port. clerical workers at the ports of los angeles and long beach set up picket lines last tuesday. they have been trying to negotiate a new contract for 2.5 years. they are also claiming their jobs are being outsourced out of the state and across the pacific ocean. now officials at the port deny that charge. the list of the dock workers are not crossing the picket lines and say the strike is costing the port as much as $1 billion every day. >>> major...
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Dec 28, 2012
12/12
by
FBC
tv
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that is great news for the ports, as well as, the u.s. commerce, jobs in the u.s. president did not get faced with the choice of invoking the tax which would have declared the strike illegal. he would have completely alienated all of that labor supporting he just had in the campaign. everything looking good so far. we will get more details and report back on this later here in the day. dagen: thank you so much. port strike averted. he will be bringing in more details. they did come into some sort of agreement. a potential headache. not on the horizon for president obama because he has a deal with, you know what i am going to say, those two words, he is meeting with congressional leaders at 2:00 p.m. let me bring in senator kay bailey hutchinson. given how both sides of the aisle are acting, senator, are you proud of your fellow lawmakers and how they are handling the nation's business as you get ready to exit? >> well, the best part of what you just said is my exit. [ laughter ] >> it is pretty depressing, honestly, to watch all the posturing. however, you know, i
that is great news for the ports, as well as, the u.s. commerce, jobs in the u.s. president did not get faced with the choice of invoking the tax which would have declared the strike illegal. he would have completely alienated all of that labor supporting he just had in the campaign. everything looking good so far. we will get more details and report back on this later here in the day. dagen: thank you so much. port strike averted. he will be bringing in more details. they did come into some...
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Dec 29, 2012
12/12
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WJZ
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cuba wants it limit lifted and wife positioned the port port feel port foil foil yo to the lifting. >> susie: why do you like seaboard. >> seaboard is $250 a share whenwe started to buy it and now is 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and why it's good for american investors? >> another example of what wehave been buying. companies that have been doing well now even if there is no change in cuba. i think the country of cuban has to be air conditioned. they are going to get a tremendous amount of business when the embargo is lifted. >> susie: what target to do you see on this stock price? >> i don't have a target butit's been bullish it's been a long term in our port portfolio. >> carnival cruise line. >> carnival and royal caribbeanwill get a tremendous amount of new business. not only people traveling to cuba but people come combining vacations with a trip to cuba. it's a win win for the cruise linings if the embargo is lifted. >> one area you wo
cuba wants it limit lifted and wife positioned the port port feel port foil foil yo to the lifting. >> susie: why do you like seaboard. >> seaboard is $250 a share whenwe started to buy it and now is 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and why it's good for american investors? >> another example of what wehave been buying. companies...
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Dec 28, 2012
12/12
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WJLA
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this will be felt not just at the ports locally, but nationwide everybody is on the ports to move their comrades. >> a major sticking point is the future royalties that the companies pay the longshoremen who moved the containers -- move. >> general norman schwarzkopf died and his home in tampa after suffering complications due to pneumonia. the 78-year-old commanded u.s. forces and a ground invasion to force iraqi troops out of kuwait in 1991 and commanded u.s. forces in nevada and won three silver stars while serving in vietnam. former president george h. w. bush will issue a statement saying that general schwarzkopf "to epitomize the duty, service country decreed that has defended our freedom and seen this great nation to our most trying international crises." as for president -- former president bush, the 88-year-old is in intensive care after a series of complications from archivistbronchitis. he is receiving excellent care. he says to put. parks back in. clause ittw-- to "put the harps back in the closet." now, a rivalry at fedex field. john gonzalez has more. >> it is exciting. it
this will be felt not just at the ports locally, but nationwide everybody is on the ports to move their comrades. >> a major sticking point is the future royalties that the companies pay the longshoremen who moved the containers -- move. >> general norman schwarzkopf died and his home in tampa after suffering complications due to pneumonia. the 78-year-old commanded u.s. forces and a ground invasion to force iraqi troops out of kuwait in 1991 and commanded u.s. forces in nevada and...
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Dec 21, 2012
12/12
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CSPAN
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jersey, the port authority will need the federal government's health. we're not at full strength and we have endured hundreds of millions of dollars of damage. electric substation 7 patched together with parts. parts are offering -- operating on a manual lock, with communicators by radio while the signaling systems are under repair. to bring the system that will require hundreds of millions of dollars. this will go immediately into signal system repair, electric substation repair, and communications systems. we are still tallying the damage, but we now estimate that the cost of fully repairing the passage may total more than $700 million. much more than our early preliminary estimate of $300 million. it is also critical that we invest in mitigation measures to protect our system computers storms so that we do not find ourselves in the same situation just a few years from now. this will include projects such as elevating portions of track, elevating critical substations, and strengthening critical areas in our tunnels underneath the hudson river. these m
jersey, the port authority will need the federal government's health. we're not at full strength and we have endured hundreds of millions of dollars of damage. electric substation 7 patched together with parts. parts are offering -- operating on a manual lock, with communicators by radio while the signaling systems are under repair. to bring the system that will require hundreds of millions of dollars. this will go immediately into signal system repair, electric substation repair, and...
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Dec 29, 2012
12/12
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WBAL
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a strike with the crippled operations at ports. it's reported major steps have been taken towards resolving this ongoing dispute. an abrupt end to the career of one long term maryland civil- rights leader. carl snowden will retire january 8. the office of the announcement earlier today. the decision comes amid legal problems. he was convicted last month of marijuana possession and has a court date for violating his probation in a drunk driving case. tonight was a reversal of fortune for morgan state university's president. the board of regents voted to renew his contract, weeks after voting not to. >> president wilson was diplomatic when i inquired about what led up to this controversy and why it suddenly ended in his favor, instead of pointing the finger at his critics, he took the high road. surely after the vote, dr. david wilson told us he is honored more as the university's board of regents minya their confidence in him and by extending his contract to june 2014. the decision comes a few weeks after the board decided to oust h
a strike with the crippled operations at ports. it's reported major steps have been taken towards resolving this ongoing dispute. an abrupt end to the career of one long term maryland civil- rights leader. carl snowden will retire january 8. the office of the announcement earlier today. the decision comes amid legal problems. he was convicted last month of marijuana possession and has a court date for violating his probation in a drunk driving case. tonight was a reversal of fortune for morgan...